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Ambrish Srivastava - BMO Capital Markets Equity Research -
MD of Semiconductor Research and Senior Research Analyst
My question, first one was on free cash flow. It's negative again, and for the first half, minus $420 million if my math is right. So Devinder, when
does free cash flow turn positive? And then I had a follow-up, please.
Devinder Kumar - Advanced Micro Devices, Inc. - CFO, SVP and Treasurer
Yes. I think 2016, if you go back and look at the full year, because of the seasonality of our business, we were positive. From a viewpoint of midpoint
of 2017, we do see strength of the business. You're right. Cash is down with the changes in working capital, and it's largely driven by wafer purchases
in support of the stronger second half and in particular, the stronger business that we are seeing. We expect cash to be up for the quarter -- this
quarter and to be free cash flow positive for the year.
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